SBI Flipkart Credit Card Review 2025: Benefits, Rewards & How to Apply Online in Minutes

In 2025, SBI Card and Flipkart merged to introduce a new co-branded credit card that has aggressive cashback and benefits to online customers. The Flipkart SBI Credit Card can be an incredibly appealing product in the case you do a lot of shopping on Flipkart, Myntra, Cleartrip, or other partner sites.

In this blog, you will learn:

• What the Flipkart SBI Credit Card is

• How to apply for it (step-by-step)

• Key features & benefits

• Fees, eligibility & costs

• Pros & cons

• How to maximize value

• FAQs

Let’s get started.

What is the Flipkart SBI Credit Card?

The Flipkart SBI Credit Card is a co-branded credit card launched by SBI Card in collaboration with Flipkart. It is designed to reward users of Flipkart’s ecosystem and allied services like Myntra, Cleartrip, etc. The aim is simple: make your online shopping more rewarding.

• 5% cashback on Flipkart spends

• 7.5% cashback on Myntra

• 5% cashback on Cleartrip

• 4% cashback on preferred/select merchants like Zomato, Uber, NetMeds, PVR

• 1% unlimited cashback on other eligible spends

There are caps (quarterly limits) for each of these categories.

It also includes welcome benefits and the possibility of waiving renewal fees for high spending. In summary, this card is tailored for people who spend heavily online, especially on Flipkart and its associated platforms.

Application for the Flipkart SBI Credit card

In case you find that this card would fit you, you can apply in the following manner:

Through the Flipkart App / Flipkart Platform.

1. Open the Flipkart App

2. Go to My Accounts- Flipkart Credit Cards.

3. You can find the alternative of "Apply to Flipkart SBI Card.

4. Complete information (personal data, KYC, and so on).

5. Submit and wait for approval

6. Upon approval, your card is sent.

This is among the less complicated paths.

SBI card / SBI card Website (E-Apply)

You may also apply through the site of SBI Card website:

1. Go to SBI Card > Credit Cards

2. Select Flipkart SBI Credit Card.

3. Click "Apply Now / E-Apply"

4. Provide personal information, KYC, and financial information.

Submit.SBI can provide an immediate approval based on the eligibility.

Want to apply for the card? Click here

Offline:

• This method involves visiting an SBI branch.

• Ask for the Flipkart SBI  Credit Card application form.

• Fill out the form with all of your details.

• Attach the requisite documents.

• Submit the application form to the bank.

By Phone:

• Contact the SBI Card helpline at 1860-180-1290 or 3902-0202.

• Request for a Flipkart SBI  Credit Card application form.

• The bank will then send you the form by courier.

• Fill out the form with all of your details.

• Attach the requisite documents.

• Send the completed application form back to the bank.

Eligibility

Typical requirements:

• Indian citizenship

• Age: often 21-70 years (according to the rule of SBI)

• Valid KYC number: PAN, Aadhaar, and address proof.

• Earnings documents (salary slips, ITR, etc.)

• Good credit score

The general rules of SBI Card state that online applications may be used through E-Apply, and the decision is instant based on the criteria.

After you have submitted it, you will be able to see the status of your application on the SBI site or of SBI.

Key Features & Benefits

We are going to deconstruct the benefits and features that you can look forward to in the Flipkart SBI Credit Card.

Cashback / Rewards Structure

The cashback structure is as follows:

• 5% Cashback on Flipkart (quarterly cashback limit of INR 4,000). 

• 5% cashback on Cleartrip (quarterly cashback limit of INR 4,000). 

• 7.5% Cashback on Myntra (quarterly cashback limit of INR 4,000). 

• 4% Cashback on Uber, Zomato, Netmeds, PVR (quarterly cashback limit of INR 4,000).

• 1% uncapped cashback on all other spends, excluding some.

Welcome Benefits and Offers

• Welcome Benefit: (a) An INR 250 Flipkart Gift Card will be gifted to the cardholder on payment of the joining fee. (b) Flipkart and Cleartrip e-gift cards worth INR 500 each on the cardholder's first transaction on Flipkart within 30 days of card approval for applications made through the Flipkart App.

• International use and access to ATM: You can be able to use the card in other countries (VISA / Mastercard is accepted) and take money out of ATMs all over the world.

• Balance transfer / EMI / Flexipay options to pay big amounts in the form of installments.

In practice, therefore, it is structured to pay out online, e-commerce merchant, and partner merchant spending in large amounts.

Fee and Other Charges

You have to be aware of the expenses and constraints to completely determine whether it is appropriate or not

• Joining fee: INR 500 on top of taxes.

• Annual / Renewal fee: INR 500 + taxes (after the second year onwards).

• Waiver condition: Spend 3.5 lakh/annum to be able to reverse the renewal fee.

• Markup on foreign currency / Forex fee: overseas transactions attract an average of about 3.5%

• Late payment charge: Late Payment charges will be applicable if the Minimum Amount Due is not paid by the payment due date.

  NIL for Outstanding Amount on payment date from Rs.. 0-Rs.500,

  Rs. 400 for Outstanding Amount greater than Rs. 500 & up to Rs. 1000

  Rs. 750 for Outstanding Amount greater than Rs. 1000 & up to Rs . 10,000.

  Rs. 950 for Outstanding Amount greater than Rs. 10,000  up to Rs. 25,000. Rs1100 for Outstanding Amount greater than Rs. 25,000 & up to Rs. 50,000

  Rs. 1300 for Outstanding Amount greater than Rs. 50,000.

To know more special features of the card in detail and to know the unbiased AI score of the card, click here.

Drawbacks / Limitations

• The primary base of 1% cashback on the non-preferred classes is not high.

• The quarterly limits limit the excessive spenders - once you spend more than the limit, the benefit becomes less profitable.

• It does not include such luxury features as access to a lounge, travel insurance, etc.

• The waiver of the annual fee involves a huge amount of expenditure (3.5 lakh) to make it worthy of retention.

• Markup charges are imposed on overseas / forex usage.

Thus, although the card is powerful in the context of its application (e-commerce, Flipkart ecosystem), it does not always give a benefit to everyone.

Who Must Use It

Ideal For

• Power actors of the Flipkart ecosystem: Flipkart, groceries through Flipkart, etc.

• Customers who are frequent at Myntra (to utilize that 7.5% slab).

• Zomato, PVR, and NetMeds 4% partner merchant slab will be attractive to people who also transact on Cleartrip, Uber, and NetMeds.

• Online first customers who do not mind remaining within limits.

• The people who can conveniently spend INR 3.5 lakh per year to pay the annual fee.

Tips to Maximize Value

Here are tricks for utilizing most of Flipkart's SBI Credit Card:

Maximize spending in accelerated classes

e.g., Shopping Flipkart, Myntra, Cleartrip, partner merchant spending (Zomato, Uber) with this card to get put into the higher slabs.

Intelligently go after the quarterly caps

In case you are aware of your usual expenditure habits, you may spread your purchases of high-value items over quarters to reduce wastage beyond the limits.

Other cards should be used in areas where the card is weak

E.g., in the case of fuel, offline spends, or foreign spends, maintain a card that offers better rewards / reduced forex fees.

Make sure that you satisfy the amount spent on the fee waiver per year.

Just in case you are about INR 3.5 lakh, you can use this card to make your large purchases (appliances, gadgets) so that you can have the same renewal cost reversed.

Use the welcome offers

Shopping through promotional periods using the Flipkart App to get additional gift vouchers. Ensure that you make the initial purchase within the time frame.

Outliers of categories observed

The cashback will not be given to expenditures on excluded categories (e.g., wallet loads, government payments). Watch out and do not confuse those of accelerated classification.

Record cashback credit periods

The cashback is charged 2 days after the generation of a statement. Plan your cash flows with that.

The card is expensive, but its benefits can be of great value, provided it is utilized appropriately.

Conclusion

The Flipkart SBI Credit card is an aptly-designed co-branded product that is meant to bring rewards to the maximum number of Flipkart ecosystem fans. It has 5 percent cashback on Flipkart, 7.5 percent on Myntra, 4 percent on select merchants, and considerate welcome and fee waiver benefits, which makes it possibly one of the better players in the co-brand credit card market in 2025.

But, as with all cards, it has trade-offs: quarterly limits, exclusions, a minimum rate of 1 percent on general spends, and the need to achieve high annual spend to waive the renewal fee.

In case you are an online buyer and you spend the majority of your time in Flipkart, Myntra, and partner stores, and you can control your spending to maximize it within limits, this type of card is a competitor. A diversified credit card portfolio can be beneficial to you in case your usage is more spread or not online.

Frequently Asked Questions (FAQs)

Q1. What is the cashback rate of Flipkart with the Flipkart SBI Credit Card?

In Flipkart (Shopsy, groceries, etc.), you receive 5% cashback with a maximum of INR 4,000 per quarter.

Q2. How much cashback does Myntra offer?

You are given 7.5% cashback on Myntra with a limit of [?]4,000 per calendar quarter.

Q3. What is the joining /annual fee, and can it be waived?

Joining / renewal fee: INR500 + taxes. The yearly charge is inverted provided you used INR3.5 lakh of the previous year.

Q4. Where and how can I apply for the Flipkart SBI Card?

The application may be done through the Flipkart App (My Accounts - Flipkart Credit Cards) or through E-Apply in addition to the SBI Card (their site).

Q5. Are there any exclusions in which cashback will be inapplicable?

Yes. Other excluded expenses would involve fuel, wallet loads, and government payments, purchase of gift cards, etc. Furthermore, expenditure less than [?]100 can be disqualified.

Q6. When is cashback credited?

The cashback will be automatically deposited into your card account within 2 days of the statement generation.

Q7. Does Flipkart SBI Credit Card accept internationally?

Yes, it will allow international usage, although standard foreign currency/forex markup charges (e.g., 3.5) will be charged.

Q8. Is there Lounge access or Travel benefits on this card?

No, it is mostly a cashback/transaction card and does not come with lounge or high-end travel benefits.

Q9. What is the number of preferred/select merchants, and what is the cashback on them?

Most popular/preferred merchants are such brands as Zomato, Uber, PVR, and NetMeds. You receive 4 percent cashback on these up to INR 4,000 per quarter.

Q10. Should all people use the Flipkart SBI Card?

It is particularly good for individuals who spend a lot of money in the Flipkart / partner merchant ecosystem. When you spend offline or outside the said ecosystem, there might not be a benefit and cost worth it.